S1532-119

In Committee

A bill to amend the Internal Revenue Code of 1986 to modify the railroad track maintenance credit.

119th Congress Introduced Apr 30, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill expands a compliance mandate provision: 1. Modification of railroad track maintenance credit Section 45G(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking $3,500 and inserting $6,100. Section 45G. It relies on compliance mandates. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a compliance mandate provision: 1. Modification of railroad track maintenance credit Section 45G(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking $3,500 and inserting $6,100. Section 45G...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a compliance mandate provision: 1. Modification of railroad track maintenance credit Section 45G(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking $3,500 and inserting $6,100. Section 45G.

Key Policy Areas

Finance

Primary Purpose

The bill expands a compliance mandate provision: 1. Modification of railroad track maintenance credit Section 45G(b)(1)(A) of the Internal Revenue Code of 1986 is amended by striking $3,500 and inserting $6,100. Section 45G.

Policy Domains

Finance

Legislative Progress

In Committee
Introduced Committee Passed
Apr 30, 2025

Mr. Crapo (for himself and Mr. Wyden) introduced the following …

Apr 30, 2025

Read twice and referred to the Committee on Finance.

Apr 30, 2025

Introduced in Senate

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology